HCPG Blog

We posted this chart yesterday showing the few times we’ve been above the 200sma on the $SPY since the August sell-off.   To be exact we w...

It’s not really our job to be bearish or bullish, our time-frame is too short. Our job is to go through charts the night before and come up...

The only sense we’ve made out of this market is to go reversion to mean.    At the bottom of the range today we had many support longs tri...

Usually if $SPY is trending down our support alerts don’t do well.  Today there has been an astounding divergence as our support alerts h...

Last Friday as the market was heading back to the top of the range we wrote about how it was do or die time — we would either break-out of ...

  Three charts we’re watching closely for bullish confirmations are   $ GDXJ   $ MOS   $ GS .  What do they all have in common?  Possible br...

We sent this off to our subscribers (in the newsletter) after the close today: Usually we’d be in anticipation swing mode right now — that ...

This week should be pivotal — we’re right against resistance in many sectors and it’s up to the bulls to take the ball. $XLF through this...

We’re basing and filling in the handle — the more we test it the greater the chance of a break-out.   That being said everytime the bulls ...

Excerpt from our newsletter tonight: We had on a few ideas yesterday for support long ( $OIH 120, $GLD 168, $SPY 120, $GDXJ 30.5-30.8 ...

Note how previous resistance of ATR (Average True Range) of Euro Futures ( $ 6E_F )  has now become support –  wild moves really are the “n...

Picture says it all — click to enlargen  $ 6E_F Euro Futures

We’re all about looking for a tradable spot for reversion to mean trades, and then waiting for it to hit.    Sometimes it hits, sometimes ...

Yen intervention causing lots of fun and games in the overnight session — here are some levels we have on our radar: Let’s start with gol...

Looking through charts this weekend really brought home the new “correlation 1″ meme constantly written about these days in the finacial b...

Silver ( $SI_F ) looking like it wants higher as it’s poking out of its range — has room to the 200SMA. Gold ( $GC_F ) reversed at 1705 r...

Our resistance short spot was taken out in the overnight session. Our $ SPY 123.5 short roughly corresponded to ES_F 1230-1233 zone which ...

Very bullish close for the market as it easily closed over 122 resistance on the $ SPY .   Next up is 123.5 which also coincides with 100SMA...

We’re realizing, through comments left on our previous post, that there are readers of our posts who do not know our time-frame.   We are ...

We can’t remember a time where levels worked so well –  anecdotally speaking — it seems to us that market just keeps getting more technica...

V type markets can be tough as they don’t let the “wrong side” traders out to breathe — when we went down the poor longs couldn’t get out ...

We always regret not calling ourselves “Base Trading Group — BTG” instead of HCPG.   Everything in our strategy circles around how we trad...